Is Warner Bros.'s New Deal the Spark It Needs to Reignite Shares?

Warner Bros. Discovery WBD is one of the world's biggest names when it comes to entertainment. Although it has overall been a bad year for the company's stock price, positive news has allowed shares to recover. On September 12th, the company announced a multi-year deal with one of the largest U.S. cable TV companies, Charter Communications CHTR, also known as Spectrum. Since the announcement, shares have been up 21%. Let's dive deeper into what the announcement means for Warner Bros.'s long-term future and ...